{"id":8896,"date":"2017-12-08T17:53:00","date_gmt":"2017-12-08T17:53:00","guid":{"rendered":"https:\/\/njfac.org\/?p=8896"},"modified":"2019-07-04T17:27:41","modified_gmt":"2019-07-04T17:27:41","slug":"unemployment-data-november-2017","status":"publish","type":"post","link":"https:\/\/njfac.org\/index.php\/2017\/12\/08\/unemployment-data-november-2017\/","title":{"rendered":"Unemployment Data \u2013 November 2017"},"content":{"rendered":"
\n

NOVEMBER 2017<\/span>\u00a0Unemployment Data\u2013the Full Count<\/p>\n<\/header>\n

\n

(U.S. BUREAU OF LABOR STATISTICS)<\/p>\n

OFFICIAL UNEMPLOYMENT: 4<\/strong>.1<\/strong><\/span>%<\/strong>*\u00a0[Analyses]<\/a><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
White<\/strong><\/td>\n\n
\u00a0 \u00a0 \u00a03<\/strong>.6<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
African American<\/strong><\/td>\n\n
7.3<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Hispanic<\/strong><\/td>\n\n
4.7<\/span><\/strong>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Asian**<\/strong><\/td>\n\n
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a03.0<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Persons with a disability**<\/strong><\/td>\n\n
\u00a0 8<\/strong>.5<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Men 20 years and over<\/strong><\/td>\n\n
3.7<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Women 20 years and over<\/strong><\/td>\n\n
3.7<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Teens (16-19 years)<\/strong><\/td>\n\n
15.9<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Black teens<\/strong><\/td>\n\n
25.5<\/span>%<\/strong><\/div>\n<\/td>\n<\/tr>\n
Officially unemployed<\/strong><\/td>\n\n
6.6<\/span> million<\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

HIDDEN UNEMPLOYMENT<\/strong><\/p>\n\n\n\n\n\n
Working part-time because can\u2019t find a full-time job:<\/td>\n4.8<\/span><\/strong>\u00a0million<\/strong><\/td>\n<\/tr>\n
People who want jobs but are not looking so are not counted in official statistics (of which about 1.5 million** searched for work during the prior 12 months and were available for work during the reference week.)<\/td>\n5.2 million<\/strong><\/td>\n<\/tr>\n
Total: 16.6<\/span> million (10.0<\/span>%<\/strong>\u00a0of the labor force)<\/strong><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source:\u00a0http:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf<\/a>\u00a0See also\u00a0Current Employment Statistics\u2013Highlights\u00a0<\/a>For BLS State and area data, see\u00a0Geographic Information<\/a>\u00a0and\u00a0State Unemployment Summary<\/a>.<\/p>\n

**Not seasonally adjusted.
\n*See\u00a0Uncommon Sense #4<\/a><\/em>\u00a0for an explanation of the unemployment measures, and\u00a0Is the Decline in the Labor Force Participation Rate During This Recession Permanent?<\/em><\/a>.<\/p>\n

\n
Unemployment rates by state:\u00a0CareerTrends | Graphiq<\/div>\n<\/div>\n<\/div>\n
\n

In addition, millions more were working full-time, year-round, yet earned less than the official poverty level for a family of four. In 2016,\u00a0 that number was 16.8 million, 14.8 percent of full-time, full-year workers (estimated from\u00a0Current Population Survey, Bur. of the\u00a0 Census, 8\/17)<\/a>. The\u00a0poverty threshold in 2016\u00a0<\/a>was\u00a0$24,563 for a family of four.<\/p>\n

In October 2017, the latest month available, the number of job openings was 6.0 million.\u00a0<\/strong>Job Openings and Labor Turnover Summary<\/a>, <\/strong>December 11, 2017.\u00a0\u00a0<\/strong>Thus there are 2.8 job-wanters\u00a0for each available job.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NOVEMBER 2017\u00a0Unemployment Data\u2013the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 4.1%*\u00a0[Analyses] White \u00a0 \u00a0 \u00a03.6% African American 7.3% Hispanic 4.7% Asian** \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a03.0% Persons with a disability** \u00a0 8.5% Men 20 years and over 3.7% Women 20 years and over 3.7% Teens (16-19 years) 15.9% Black teens 25.5% Officially… Read More Unemployment Data \u2013 November 2017<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[49,1],"tags":[135],"class_list":["post-8896","post","type-post","status-publish","format-standard","hentry","category-current-rate","category-uncategorized","tag-monthly-unemployment-data-november-2017"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/8896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/comments?post=8896"}],"version-history":[{"count":0,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/posts\/8896\/revisions"}],"wp:attachment":[{"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/media?parent=8896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/categories?post=8896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/njfac.org\/index.php\/wp-json\/wp\/v2\/tags?post=8896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}